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Brother Industries faces printing profit challenges

Brother Industries faces printing profit challenges

Revenue surges 7.1% but Printing & Solutions profits remain flat amidst higher expenses. Brother Industries Ltd reported a 7.1% year-on-year increase in revenue for the first quarter of fiscal year 2024, reaching ¥214.7 billion (€1.35 billion/ $1.47 billion). This...
Kyocera’s printer segment thrives amid rising costs

Kyocera’s printer segment thrives amid rising costs

Strong sales in Kyocera’s printer unit boost revenue, but rising costs dent profits. Kyocera Corporation reported a mixed performance in the first quarter of fiscal 2025, with a significant uptick in sales revenue but a decline in profits due to rising costs....
Konica Minolta faces profit woes

Konica Minolta faces profit woes

The company struggles with deficits despite revenue growth, driven by inefficiencies and market challenges in key segments. Konica Minolta reported robust revenue growth for Q1 FY2024, ending 30 June 2024, achieving ¥286.2 billion (€1.83 billion/ $2.02 billion), up 7%...
Xerox’s Q2 revenue declines amid strategic overhaul

Xerox’s Q2 revenue declines amid strategic overhaul

Xerox reports a significant drop in Q2 revenue due to strategic changes and macroeconomic challenges. Xerox Holdings Corporation announced its second-quarter 2024 financial results, revealing a 10% year-over-year revenue decline to $1.58 billion (€1.43 billion). This...